GREY:NKRSF - Post by User
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Dell1on Oct 26, 2016 9:57am
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Post# 25386892
ONGC chief says ‘revenue-sharing’ better than ‘cost-recovery
ONGC chief says ‘revenue-sharing’ better than ‘cost-recoveryhttps://energy.economictimes.indiatimes.com/news/oil-and-gas/ongc-chief-says-revenue-sharing-better-than-cost-recovery-for-ep-projects/47231813
The recommendations of the government appointed panels too have gone on both sides. The supporters of revenue-sharing model say it makes the system far more transparent, leaves little scope for dispute and discards the need for bureaucrats, barely aware of geological complexities, to micromanage projects.